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Futures Tumble On AI Spending Fears As Brent Hits 2 Week High

Futures Tumble On AI Spending Fears As Brent Hits 2 Week High US equity futures are lower, dragged by tech, following a report that OpenAI missed revenue and user targets and there growing internal pushback against Sam Altman's notorious aggressive spending (the company has $1.5 trillion in commitment it won't be able to meet), which is hitting semiconductors and the broader supply chain. AS of 8:15am ET, S&P futures are down 0.7% and Nasdaq futures dropped 1.2% as concerns resurfaced over whether the vast amounts of investment in artificial intelligence will...
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Jun 4, 2026 / Tyler Durden
63 Arrested, Crypto Millions Frozen As FBI, DOJ Team Up With Meta, Coinbase And Starlink To Bust Scammers
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Jul 20, 2026 / Dave DeCamp
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Jun 1, 2026 / Tyler Durden
"Working Better": Saylor Teases BTC Buy After Strategy Sells For First Time Since 2022
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